DSSA to conduct 1:25 stock split, share price to drop to this level

Jakarta, CNBC Indonesia - PT Dian Swastatika Tbk (DSSA), an emitter from the Sinar Mas Group, will soon conduct a stock split, dividing the nominal share value at a 1:25 ratio. Consequently, the new nominal value of DSSA shares will become Rp1, down from the current Rp25.

The corporate action plan has received investor approval during an extraordinary general meeting of shareholders (RUPSLB) on 11 March 2026. Investors unanimously agreed with 100 per cent support from 5.51 billion voting shareholders, with an attendance quorum rate of 89.12 per cent.

Based on the company’s share price at yesterday’s trading close of Rp77,750 per share, following the stock split, the company’s shares will be valued at Rp3,110 per share. Additionally, the number of outstanding shares will increase to 192.63 billion shares from the previous 7.7 billion shares.

The stock split is being conducted for several reasons. The company’s current share price is relatively high, a condition that has made purchasing one lot of the company’s shares affordable only to a small fraction of investors. This has resulted in limited trading liquidity for the company’s shares.

Accordingly, the company hopes the stock split represents the optimal choice and will deliver the following benefits: increasing the number of outstanding shares whilst making the per-share price more affordable for various investor groups; reaching a broader investor base, thereby increasing the number of shareholders and strengthening the company’s share ownership structure.